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Platform Strains

X Marks the Spot Where Advertisers Used to Be as Musk-Owned Platform’s Revenue Plummets

X revenue is down 53% as Linda Yaccarino struggles to win back advertisers amid ongoing controversies driven by Elon Musk.

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Hedge Funds

Bill Ackman Is Hoping to Double His Hedge Fund’s Size Through New Publicly-Traded Fund

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Market Volatility

US Home Insurers Faced a Record-Breaking $15.2B Net Underwriting Loss In 2023, Double The Previous Year

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Market Pulse

Consumer Earnings Sound Alarm as Americans Slam Brakes on Spending

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Electoral Strategy

Republican Leaders Commit To Make US “Crypto Capital” At Bitcoin 2024 Conference

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Restaurant Trends

McDonald’s $5 Meal Deal Is Bringing Customers Back But Global Consumers Are Still Reeling

Market Headwinds

Automakers Stall Out as Affordability Crisis Hits US Car Market

US automakers face a slump as high interest rates and vehicle prices force consumers to hold onto aging cars longer.

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Market Recovery

Is Biotech Back? The Risky Industry Is Waking Up After Low Interest Rates Cratered Investment, Dealmaking, and IPOs

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Portfolio Strategy

Berkshire Hathaway Sells A Total $2.3B Stake In Bank of America

Social Dynamics

Harvard Study Reveals How to Climb the Economic Ladder

Harvard research links local employment rates and social circles to better financial prospects for children, exploring key factors in economic mobility.

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Labor Trends

Immigration Could Be the Past, Present, and Future of the US Economy

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Event Economics

Paris Olympics Are Reigniting Debate on Whether Hosting the Games Is Worthwhile for Cities

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Sports Broadcasting

NBA Scores Record $76B in New TV Deal

Dine Trends

Fast Food Stocks Take a Hit Amid Consumer Spending Declines

Fast food stocks are falling as consumers cut back on dining out due to high inflation and shifting spending habits.

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Digital Royalties

Universal Music Streaming Revenue Hits a Wrong Note with Analysts

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Wealth Planning

High Earners Are Using This Trick To Save Up To $69K: The Mega Backdoor 401(k)

Transportation Tech

Autonomous Vehicles Shift Into High Gear With Alphabet-Owned Waymo Leading and Tesla’s Reveal Approaching

Alphabet bets $5B on Waymo as the robotaxi industry navigates safety, regulation, and intensifying competition from Tesla and ride-sharing rivals.

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Market Rotation

The Russell 2000 Is Having An Unexpected Breakout After Years In Bear Market Territory

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Event Dynamics

More Than 270K Unwanted Olympic Tickets Available On Resale Websites

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Data Oversight

FTC Probes AI Price Gouging As Mastercard And JPMorgan Face Data Scrutiny

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